USD/CHF – Technical Analysis

With the weakening of the dollar that we have seen since the end of last week, there has been significant strength in this safe haven pair. On the daily chart above, we can see that price was consolidating below the highlighted region, 0.91800, which was acting as resistance before breaking to the upside with priceContinue reading “USD/CHF – Technical Analysis”

USD/CHF – Technical Analysis

With the dollar on the back foot after the Fed’s new inflation policy as well as money being pumped into safe havens let us look at the safe haven pair USDCHF below. Starting on the daily time frame above we can see that the overall structure of this pair is bearish. We can see thatContinue reading “USD/CHF – Technical Analysis”

CHFJPY – Technical Outlook

Welcome to another AspireFX blog. Today we’ll do a top down analysis on CHFJPY as well as which news events will be key when considering this pair. On the daily time frame we can see that we are trading around a crucial point of resistance labelled top end resistance. Any daily candle closures above thisContinue reading “CHFJPY – Technical Outlook”

XAUUSD – Safe Havens

What Are Safe Havens?Good day traders and welcome to another blog post by AspireFX. You may have seen or heard the term safe haven before but have yet to understand or fully grasp the concept. It’s especially important to understand the role save havens play when analyzing the market as it can be used asContinue reading “XAUUSD – Safe Havens”